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Sep 25, 2012
09/12
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as the networks of nbc focus on education here in the united states, we are also learning this hour that americans owe more on their student loans than they do on their credit cards. and the default rate on those student loans is more than four times the default rate on mortgages. so the question now is it another bubble that is about to burst? senior correspondent scott cone is reporting from washington today on some very startling statistics, scotty? >> reporter: some new statistics, simon, just in. these new figures come from fyke cok -- fico, they analyzed a large sample of credit reports, millions of them nationwide. and here is what they found. since 2005, the percentage of u.s. consumers with multiple open student loans on their credit report has nearly doubled, now almost 12% of us are making payments on at least two student loans. the average amount of that debt, up more than 50% to more than $26,000 on average, a much higher pace of growth than the growth of credit like credit cards and mortgages, other types of debt. and the percentage of consumers with six figures in college
as the networks of nbc focus on education here in the united states, we are also learning this hour that americans owe more on their student loans than they do on their credit cards. and the default rate on those student loans is more than four times the default rate on mortgages. so the question now is it another bubble that is about to burst? senior correspondent scott cone is reporting from washington today on some very startling statistics, scotty? >> reporter: some new statistics,...
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Sep 26, 2012
09/12
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and you have the ambassador of the united nations for the united states coming on and misleading the public. basically we have sent a letter to ambassador rice to explain herself. >> you know, there's a story out today, i didn't know if you saw it, senator, but the story essentially was that the united states government within 24 hours knew it was a pre-planned terrorist attack. your thought on that. because that indicts rice and whomever else was in this cover-up even more. >> that's right. ambassador rice came on the sunday morning programs and said that, in fact, it was a spontaneous reaction of course to the video. and in no way was an expression of hostility toward america. and you have to say killing four american heroes, quite honestly, attacking our consulate, if that's not hostility toward america, i don't know what it is. so, no, i think it's pretty apparent that the administration must have known, had information, and ambassador rice was sent out on the sunday programs to mislead the american public. i find that outrageous, and i think she needs to explain herself and expl
and you have the ambassador of the united nations for the united states coming on and misleading the public. basically we have sent a letter to ambassador rice to explain herself. >> you know, there's a story out today, i didn't know if you saw it, senator, but the story essentially was that the united states government within 24 hours knew it was a pre-planned terrorist attack. your thought on that. because that indicts rice and whomever else was in this cover-up even more. >>...
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Sep 7, 2012
09/12
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states. >> all right. so far as i can tell that's the only time he said the word "jobs." i don't hear growth at all. maybe i missed something. i don't think so. we did hear government spending, i'm sorry, now called citizenship and tax the rich. i can tell you what's coming. like europe, a value added tax. the most insidious tax hike of all slamming the middle class. we'll get into it later on. markets flat but with the jobs numbers, investors are waiting on the fed meeting next week. gold the big winner up $32. that's a signal fed stimulus is on the way. is that one reason why russian president vladimir putin is reportedly stockpiling gold? later in the show, the convention's post-mortem. who made the better sale to independents. was it republicans in tampa or the democrats in charlotte. first up tonight let me dig into today's anemic jobs report. once again, no joy for the american workforce. let's go to the first one. all right. nonfarm payrolls up 96,000. this was a big disappointment. wall street cons
states. >> all right. so far as i can tell that's the only time he said the word "jobs." i don't hear growth at all. maybe i missed something. i don't think so. we did hear government spending, i'm sorry, now called citizenship and tax the rich. i can tell you what's coming. like europe, a value added tax. the most insidious tax hike of all slamming the middle class. we'll get into it later on. markets flat but with the jobs numbers, investors are waiting on the fed meeting next...
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Sep 12, 2012
09/12
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i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. >>> coming up on street signs at the top of the hour, sully is live at the apple event, he's going to be co-hosting from there. we'll check back with him and find out what's happening. we'll also find out if apple has any other big guns in the pipeline. >>> plus, new unrest in the middle east and with 55 days until the election, is this going to be a new catalyst for $100 oil? >>> and higher gas prices. lots of questions, hopefully we'll get some answers on the show. >> thank you, very much. >>> the finance yahoo.com poll this morning is as apple unveils a new lineup today, will you make an apple investment decision based on the release of the information that we are bringing you? the vast majority of you say no. it's still good fun though, don't you think? let
i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. >>> coming up on street signs at the top of the hour, sully is live at the apple event, he's going to be co-hosting from there. we'll check back with him...
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Sep 18, 2012
09/12
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while largo and most important comes from the need to find oil in the united states where technology needs to exploit the new fields. tells you that a futures plunge takes forever. the price to climb for oil is not going to happen people. there is not a flut glut of oil. remember to buy the best of the breed. the names that are in the aih. i know my travel trust. it will be doing the exact same thing. stick with kramer. i'll have more awkward conversations than i'm equipped for because i'm raising two girls on my own. i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest
while largo and most important comes from the need to find oil in the united states where technology needs to exploit the new fields. tells you that a futures plunge takes forever. the price to climb for oil is not going to happen people. there is not a flut glut of oil. remember to buy the best of the breed. the names that are in the aih. i know my travel trust. it will be doing the exact same thing. stick with kramer. i'll have more awkward conversations than i'm equipped for because i'm...
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Sep 20, 2012
09/12
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retail sales net revenue saving up to $4.5 billion in taxes on goods sold in the united states. we talked to microsoft. here's what they told us. they say, microsoft has a complex business and we must comply with the complicated tax code of the united states, resulting in an exceedingly complex tax structure. second company in the crosshairs here today is going to be hewlett-packa hewlett-packard. the senate committee saying since at least 2008, hp has used billions of dollars of intercompany offshore loans to effectively repatriate untaxed foreign profits back to the united states to run u.s. operations. that's contrary to the intent of u.s. tax policy. we talked to hewlett-packard. here's what they told us. they say, hp has complied fully with all applicable provisions of the u.s. internal revenue code and auditor ernst and young has audited. we'll learn more about what this is up committee found in about a half-hour. >>> the committee on banking, housing and urban affairs, subcommittee on securities, insurance and investment is holding a hearing on high-frequency trading and
retail sales net revenue saving up to $4.5 billion in taxes on goods sold in the united states. we talked to microsoft. here's what they told us. they say, microsoft has a complex business and we must comply with the complicated tax code of the united states, resulting in an exceedingly complex tax structure. second company in the crosshairs here today is going to be hewlett-packa hewlett-packard. the senate committee saying since at least 2008, hp has used billions of dollars of intercompany...
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Sep 24, 2012
09/12
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a lot of factory jobs are like that in the united states. that's the nature of a factory. >> one final question, if i might. how long does your intelligence indicate that this plant may be offline? >> that's the critical question. they were saying it could be up as soon as tomorrow. i actually think we've not heard the end of this news. i think we'll see more bad news regarding nurse which could theoretically keep this factory closed for up to a week or maybe more if we end up seeing deaths. >> gentlemen, thank you very much. appreciate you being with us. >> ty, as you know, another big apple story today, the company selling more of its 5 million iphone 5s in the first three days after that product was launched. a note from jpmorgan says, by the way, that that does not include pre-orders, and then there's yahoo!. the shares of yahoo! today are on the upside by more than 5% in a month as the new ceo, marisa mayer, gets set to address the troops tomorrow. jon fortt is helping us get ahead of this particular story. >> tomorrow's meeting is only
a lot of factory jobs are like that in the united states. that's the nature of a factory. >> one final question, if i might. how long does your intelligence indicate that this plant may be offline? >> that's the critical question. they were saying it could be up as soon as tomorrow. i actually think we've not heard the end of this news. i think we'll see more bad news regarding nurse which could theoretically keep this factory closed for up to a week or maybe more if we end up...
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Sep 7, 2012
09/12
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i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. boring. boring. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada... really good. yes! [ jack ] ...and alicia. ♪ this girl is on fire [ male announcer ] use any citi card to get the benefits of private pass. more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking.
i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. boring. boring. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada......
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Sep 13, 2012
09/12
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universities, over 40 universities in the united states and we've created over 20 companies to date and hundreds of jobs in those companies. >> a lot of people believe in this charged election season that business and the government can't work together, can't collaborate. i assume that this is an example that you would say belies that premise. >> we absolutely agree that the government and private equity can work together. there are many challenges that the dod is facing and they're coming up with solutions, technical solutions to that in cyber security, in wireless communications. those things have direct applications to the commercial marketplace and we can create companies around those and go to market here in the u.s. with them. >> give me some examples where in the past, defense oriented technologies or defense developed technologies have become a successful private market products and tell me as you think about this intellectual property that the government owns, what do you think has the most promise now for the next gen products? >> dod labs had had long been a rich source of in
universities, over 40 universities in the united states and we've created over 20 companies to date and hundreds of jobs in those companies. >> a lot of people believe in this charged election season that business and the government can't work together, can't collaborate. i assume that this is an example that you would say belies that premise. >> we absolutely agree that the government and private equity can work together. there are many challenges that the dod is facing and they're...
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Sep 27, 2012
09/12
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david foon is part of the fastest growing jewish newspaper in the united states. gentlemen, how big of a factor is this tension between iran and israel factored into the price of oil? >> there's no question that today's run-up, marimaria, was direct reaction. we got a leak of some of the speech earlier before the market opened that, in fact, prime minister netanyahu was going to state what this red line was going to be all about. now we know. of course, it comes on the heels of ahmadinejad's speech yesterday. this got right back in the forefront of the traders and the markets' mind here. what it represents, of course, for oil is, you know, the mother of all supply risks here. the strait of hormuz comes into play. the whole region comes into play. obviously, it's almost a mild reaction given what we got here today. we're clearly on a path to something, some confully grags. i do say given that netanyahu says they won't get to that final stage until next summer, we have some time. >> david, what did you think of the red line speech? netanyahu has pressed for this bef
david foon is part of the fastest growing jewish newspaper in the united states. gentlemen, how big of a factor is this tension between iran and israel factored into the price of oil? >> there's no question that today's run-up, marimaria, was direct reaction. we got a leak of some of the speech earlier before the market opened that, in fact, prime minister netanyahu was going to state what this red line was going to be all about. now we know. of course, it comes on the heels of...
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Sep 27, 2012
09/12
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i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. now we need a little bit more... a little bit more vanilla? this is great! [ male announcer ] at humana, we believe there's never been a better time to share your passions... because the results... are you having fun doing this? yeah. that's a very nice cake! [ male announcer ] well, you can't beat them. [ giggles ] ohh! you got something huh? whoa... [ male announcer ] humana understands the value of spending time together that's a lot of work getting that one in! let's go see the birdies. [ male announcer ] one on one, sharing what you know. let's do it grandpa. that's why humana agents will sit down with you, to listen and understand what's important to you. it's how we help you choose the right humana medicare plan for you. because when your medicare is tak
i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. now we need a little bit more... a little bit more vanilla? this is great! [ male announcer ] at humana, we believe there's never been a better time to share your...
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Sep 10, 2012
09/12
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. >>> the drenching that parts of the united states got last week, including tornadoes out in queens, not really helping parched farmland. there are no farms in queens, are there? this afternoon we're going to get exclusive details on the economic impact from our senior economics reporter steve leisman. he's here live. >> in about three minutes we're going to get an e-mail from the guy that runs the farm in queens. it is a big impact from what's a small sector of the economy and it could even have an impact on the presidential election. in a detailed study of the summer's drought which scored soybeans, corn and other crops across the nation, macro economic advisors out of st. louis estimate it could shave as much as a half point off gross domestic product this year. that's a big hit to a $13 trillion economy from a total farm sector that accounts for just -- wait for it now -- 1% of the nation's output. ben herzon is the economist who did the study. pe explai he explains the drought's outside impact. >> even though it only accounts for 1% of the economy, big changes in farm output can
. >>> the drenching that parts of the united states got last week, including tornadoes out in queens, not really helping parched farmland. there are no farms in queens, are there? this afternoon we're going to get exclusive details on the economic impact from our senior economics reporter steve leisman. he's here live. >> in about three minutes we're going to get an e-mail from the guy that runs the farm in queens. it is a big impact from what's a small sector of the economy and...
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Sep 27, 2012
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there are foreign leaders who are signaling they're coming to the united states to the u.n. general assembly and they express the desire through their ambassadors to the state department they want to meet with the president. and those options are then put before the national security adviser, and he decides whether or not to make any recommendation to the president on who to meet. well, it's quite clear that either he didn't make any -- either he made recommendations that there's no reason to meet with anybody, or he did make recommendations and the president said, in a, i don i d want to meet them, i'll give a speech and then get to ohio. >> just to follow up on this, i'm thinking of the netanyahu story with israel and iran. one of the key issues, we had professor from harvard law school is whether the united states will truly decisively back up netanyahu and israel militarily. now, with all respect to hillary clinton who is doing a fine job on this stuffy imagine, it's only the president who can make a statement like that.imagine, y the president who can make a statement l
there are foreign leaders who are signaling they're coming to the united states to the u.n. general assembly and they express the desire through their ambassadors to the state department they want to meet with the president. and those options are then put before the national security adviser, and he decides whether or not to make any recommendation to the president on who to meet. well, it's quite clear that either he didn't make any -- either he made recommendations that there's no reason to...
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Sep 18, 2012
09/12
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to the extent europe is not being helped is not helping the united states. folks if you're thoroughly confused it means you're paying attention. >> no european official has talked about wanting a stronger euro for years. they all want the weaker euro. >> why they keep talking about lower rates, you keep holding steady with rates. >> becky you are as usual a genius in that regard. the thinking that i've heard is that ultimately the ecb goes to parity with the fed at zero or zero to a quart per. >> what are they waiting for? >> that's a good question. what are they waiting for? the idea being if you have a single mandate you are less free to move your currency when you're doing that. the latest number was 2.6% inflation in the eurozone, so given that mandate constraint, they can't do it. the fed can look at 8%, 9%, 10% unemployment and say with a forecast of lower inflation down the road, i can move now to zero. >> it seems to me central banks make uhm the rules as they go aening lo, when they'll do all of the extraordinary things to say yes this is in our man
to the extent europe is not being helped is not helping the united states. folks if you're thoroughly confused it means you're paying attention. >> no european official has talked about wanting a stronger euro for years. they all want the weaker euro. >> why they keep talking about lower rates, you keep holding steady with rates. >> becky you are as usual a genius in that regard. the thinking that i've heard is that ultimately the ecb goes to parity with the fed at zero or...
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Sep 13, 2012
09/12
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states, that the united states is against islam. as soon as the leaders who were strongmen who were removed, a lot of those conspiracy theories rose to the surface. i think education is certainly necessary. >> we had one of our reporters earlier, richard, make the point that moderate middle easterners can't compete when push comes to shove with extremists, the best of intentions -- by definition, when you're moderate, you're not willing to go that extra mile. i guess we shouldn't be surprised. it's hard to anticipate and hard to deal with. >> i think there was also an over estimation of the strength of the moderates. everyone at least in the west was looking at twitter and there seemed to be a flood of moderate voices from the middle east. a lot of the voices were people who lived in canada, australia and the united states, not really here so much. i think that props overrepresented the number of moderates, the number of people who seemed to want just what the united states wanted. that really was never the case. you can see now all
states, that the united states is against islam. as soon as the leaders who were strongmen who were removed, a lot of those conspiracy theories rose to the surface. i think education is certainly necessary. >> we had one of our reporters earlier, richard, make the point that moderate middle easterners can't compete when push comes to shove with extremists, the best of intentions -- by definition, when you're moderate, you're not willing to go that extra mile. i guess we shouldn't be...
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Sep 28, 2012
09/12
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here in the united states, north america things are okay. nike branded sales were up 23% by revenue in north america. at the same time, under armor, luol lieu lemon, they compete very heavily here in the u.s. how concerned should we be about the 23% number and preserving that in future quarters? >> i think that's, you know, a little artificially high because they do have the first year of the nfl license. that is a new business for them so that is propping up the number a little bit on a year over year basis but overall even when you exclude that they have very strong double digit numbers well into the teens and i think nike is competing as well as under arm our or lulu in the women's category in the u.s. no question. >> yeah. in terms of china, michael, i wonder if you think there is hope there because future orders were down so significantly. what can nike do if anything or is it simply a macro story we have to sit back and wait for the china economy to do better? >> that is part of it. you can't let them off the hook on that. i think they
here in the united states, north america things are okay. nike branded sales were up 23% by revenue in north america. at the same time, under armor, luol lieu lemon, they compete very heavily here in the u.s. how concerned should we be about the 23% number and preserving that in future quarters? >> i think that's, you know, a little artificially high because they do have the first year of the nfl license. that is a new business for them so that is propping up the number a little bit on a...
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Sep 11, 2012
09/12
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when it comes to the united states, the list is long. in front of an election i saw some young people a couple days ago and a question was put forth how do you define freedom? the young kids i think they were first or second grade had the same answer. the right to pick and choose how you want to live. but whether it's the light bulbs, whether it's the kind of cars you drive, whether it's which companies make it or not, which companies go through traditional bankruptcies, spent a lot of talk about gm and chrysler. i don't know how far ford would get down the road making a car that sold for $49,000. yes, i'm talking about the volt. that big story yesterday. i'm not saying whether that number is right or not. it gets the point across. the biggest issue of all is when the government takes over things like sally may and fannie and freddie, they limit your choices. they have government girth behind whether can you live in your house and how much it costs if you can't afford it. republican, freed so many about choice. your choice. back to you.
when it comes to the united states, the list is long. in front of an election i saw some young people a couple days ago and a question was put forth how do you define freedom? the young kids i think they were first or second grade had the same answer. the right to pick and choose how you want to live. but whether it's the light bulbs, whether it's the kind of cars you drive, whether it's which companies make it or not, which companies go through traditional bankruptcies, spent a lot of talk...
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Sep 20, 2012
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. >> the united states has not had a current the account surplus since 1991. if we were on the gold standard, we just might not have anymore gold left. >> didn't we pass that so long ago? >> the dollar is not a weak currency. the dollar probably needs to be weaker in order to be more competitive, but you can't say that about every currency in the world. certainly in japan the currency has gotten too strong and you now they have the additional problems because of all of the riots going on, the conflict in china over these islands. and that's going to hurt japan again. so japan needs more than just a currency fix. the united states i think you can argue the currency is overvalued in a more fundamental way, but japan has lots of problems. >> do you play currencies? good >> only through companies listed in the u.s. we're not hedging. >> not hedges because -- >> because if we knew where currencies have gone, you'd be the smartest person around. the euro goes to 1.30 -- so it's hard. you have to get fundamentals right and then currency will take care of it. >> what'
. >> the united states has not had a current the account surplus since 1991. if we were on the gold standard, we just might not have anymore gold left. >> didn't we pass that so long ago? >> the dollar is not a weak currency. the dollar probably needs to be weaker in order to be more competitive, but you can't say that about every currency in the world. certainly in japan the currency has gotten too strong and you now they have the additional problems because of all of the...
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Sep 24, 2012
09/12
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there has been a bipartisan consensus in the united states for many years that the u.s. and israel are the closest of allies, that we have to tackle problems in the middle east together. it's why you see legislation passing the united states senate 99-0 when it comes to confronting iran's nuclear ambitions and supporting -- supporting our closest ally israel, so it's a very strange position for him. it's really out of -- really out of sync with a broad bipartisan consensus in this country. >> jeb, let me go to you. i want to go back to libya and benghazi and that whole story. front page "new york times." we lost most of our intelligence assets because of this snafu, because of this mistake. the cia lost a lot of intelligence assets. we may be wiped out. now, again, president obama in the "60 minutes" last night could not get himself to say that this was premeditated, that this was a terrorist plot. he's still hanging on to the video story which, as you know, is a falsehood. i call it a lie. i believe ambassador, u.n. ambassador susan rice, should have been made to resign
there has been a bipartisan consensus in the united states for many years that the u.s. and israel are the closest of allies, that we have to tackle problems in the middle east together. it's why you see legislation passing the united states senate 99-0 when it comes to confronting iran's nuclear ambitions and supporting -- supporting our closest ally israel, so it's a very strange position for him. it's really out of -- really out of sync with a broad bipartisan consensus in this country....
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Sep 13, 2012
09/12
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for 30 some years at manyperint different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. >>> let's get a sector check. a lot of indecision ahead of the fed this afternoon. here's one look how consumer staples is doing this morning. meanwhile just in time for fashion week. google glasses making its runway debut during the die van von furstenberg show. it's being released through google+. joining us here at post 9 today is spencer annie. he's the bureau chief. always good to have you. >> good to see you, carl. >> you got to sit down and test drive these things yourself on monday. >> kind of like winning the lottery a little bit. >> what was it like? >> it was really interesting. the iphone 5 came out yesterday and a lot of people criticized it for being boring. this is not boring. it's basically a wearable computer that is a pair of eye frames, right?
for 30 some years at manyperint different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. >>> let's get a sector check. a lot of indecision ahead of the fed this afternoon. here's one look how consumer staples is doing this morning. meanwhile just in time for...
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Sep 17, 2012
09/12
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that's a big problem. >> what's unique about the united states is the united states has done better over the past 30 years than countries which have decided to keep tax rates high and keep their industries regulated. by lowering marginal tax rates, by deregulating has given the u.s. a huge advantage over countries that haven't. >> the times we did best of all is when bill clinton was president. i think we ought to have the same tax rates we had when bill clinton was president. >> can we get spending down to 18% of gdp like bill clinton? does that come with that? >> i'd be happy to do that as long as we could raise taxes to the way -- >> the president would not. >> last word. >> the fact of the matter is that all this talk about tax cuts is nonsense. it advantages a particular group of people who are already at an advantage. >> that's class warfare. >> it's fitting we end on an equality note given what's happening outside the doors of this exchange. >> be careful. >> governor, j.p., thank you guys. see you next time. >>> when we come back, banks getting a boost from qe-3 but pulling back
that's a big problem. >> what's unique about the united states is the united states has done better over the past 30 years than countries which have decided to keep tax rates high and keep their industries regulated. by lowering marginal tax rates, by deregulating has given the u.s. a huge advantage over countries that haven't. >> the times we did best of all is when bill clinton was president. i think we ought to have the same tax rates we had when bill clinton was president....
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Sep 20, 2012
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fundamentals here in the united states. and the continual demographics in trms of what we would see with people putting money into bond funds. all that has continued. all those fundamental reasons have happened. what i can now say, i guess we'll call it a bit of a mea culpa call, i'll withdraw this idea i think we can see the 1%. i think the low, in fact, was hit for this year, for 2012, during the period of the summer right after i visited with you when we did hit about a 1.21 yield on that 10-year. here's the reasons why. some of it you heard yesterday with jeffrey gundlach. you've now got not true price discovery. a manipulated bond market because of the fed. as a result of that and the fact they are now targeting a certain sub sector, you will continue to see people fearful. the main fear here is that the chinese will start to sell u.s. government bonds to deal with their own problems and as a result of that all the flows in the manipulated market we have can pretty much tell you we will not see that 1% print this year.
fundamentals here in the united states. and the continual demographics in trms of what we would see with people putting money into bond funds. all that has continued. all those fundamental reasons have happened. what i can now say, i guess we'll call it a bit of a mea culpa call, i'll withdraw this idea i think we can see the 1%. i think the low, in fact, was hit for this year, for 2012, during the period of the summer right after i visited with you when we did hit about a 1.21 yield on that...
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Sep 27, 2012
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this is very, very detrimental to the united states long term. >> it ultimately is going to do something, though -- [ bell ]. i kind of disagree. because i think if consumers know -- >> if they understand. can you understand your health plan? >> i can't understand my health plan today. i don't know what it covers and what it doesn't. >> it puts employees at the mercy of the insurance companies and they're really going to be defenseless. >> and you have 206 perfect information. why should everybody have perfect information when their employer can help everybody at once to get to that? >> i'll tell you one thing i'm not going to do, is go through a whole book on every potential plan that i might look at to see -- >> they might do it on your behalf. >> oh, sure. >> koording to a new irs inspector general report 70 federal agencies owe $14 million in taxes. so why does the government hate taxes, john? >> it's not just these federal agencies that owe taxes. we learned earlier in the year that over a billion dollars is owed by federal employees. there's a scofflaw problem in our very governmen
this is very, very detrimental to the united states long term. >> it ultimately is going to do something, though -- [ bell ]. i kind of disagree. because i think if consumers know -- >> if they understand. can you understand your health plan? >> i can't understand my health plan today. i don't know what it covers and what it doesn't. >> it puts employees at the mercy of the insurance companies and they're really going to be defenseless. >> and you have 206 perfect...
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Sep 27, 2012
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today, it's live for the first time in the united states. the projections are that the percentage of viewers in the u.s. who are interested in this is upwards of 70%. >> that's absolutely right. already you find about a third of internet browsing happens while people are watching tv. so the interesting in integrating consumers is huge. >> we would anticipate tens of millions users as a possibly. >> how would this be in the way it's going today? >> people are going to watch tv, shift to the desktop tv. as you come into your house, your signal will shift from your mobile on to your tv. >> you can have the screen finder with your handheld and your television. it's fascinating, guys, and we can't wait to see what all this brings. >> right now, it's on itunes and on google play. >> thanks very much. >>> it looks like we're get something clarity on rajoy's budget in spain. we'll get more on that after a break. >>> in the meantime, he's pushing to get the nebraska state income stacks. rick santelli and forget where is the beef. now it's where is th
today, it's live for the first time in the united states. the projections are that the percentage of viewers in the u.s. who are interested in this is upwards of 70%. >> that's absolutely right. already you find about a third of internet browsing happens while people are watching tv. so the interesting in integrating consumers is huge. >> we would anticipate tens of millions users as a possibly. >> how would this be in the way it's going today? >> people are going to...
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Sep 24, 2012
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states. you talk about it all the time on cnbc. you have policy people on. but really what we need to do is get government out of the way. this entrepreneur thing happens on its own by its own volition as long as tax policy is correct. that's what they were talking about. you get situations like entrepreneurs that become very successful, fror instance, zuckerberg and some of the millionaires he's created are splitting off and investing their own. they don't just sit on their cash, buy a yacht and sail around the world. >> why is one of the big platforms of this election that very issue regarding tax policy? it seems so self-evident to people we rub shoulders with on this trading floor but not to the population at large. >> they think it's gets muddied. if you talk about the capital gains tax. there was a guest on earlier today that says, what's it mean to somebody making $50,000? lowering the capital gains tax to somebody like that is the most important thing you can do because corporations a
states. you talk about it all the time on cnbc. you have policy people on. but really what we need to do is get government out of the way. this entrepreneur thing happens on its own by its own volition as long as tax policy is correct. that's what they were talking about. you get situations like entrepreneurs that become very successful, fror instance, zuckerberg and some of the millionaires he's created are splitting off and investing their own. they don't just sit on their cash, buy a yacht...
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Sep 12, 2012
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was one of the worst economic decisions in the history of the united states. on where we go from here. >>> creating job opportunities in a world of technology. >> just what i need. let's do that. >> former aol boss with a plan to pave the way for the next generation of america's workforce. >> and tracking the fed's next steps. find out what fed watchers and experts are saying in the latest cnbc fed survey. the second hour of "squawk box" begins right now. >>> good morning, everybody. welcome back to "squawk box" on cnbc. i'm becky quick, the futures are indicated higher today even after the gains we saw yesterday. right now the dow futures up by close to 30 points. and the nasdaq is up by about 11 points right now. let's get right to your morning headlines. european shares have hit 14-month highs this morning after a german court ruled that the country could proceed with ratification of a european bailout fund. the german parliament could veto any future increase, but a lot of people taking this as a winning right now. in the meantime, back here in the united
was one of the worst economic decisions in the history of the united states. on where we go from here. >>> creating job opportunities in a world of technology. >> just what i need. let's do that. >> former aol boss with a plan to pave the way for the next generation of america's workforce. >> and tracking the fed's next steps. find out what fed watchers and experts are saying in the latest cnbc fed survey. the second hour of "squawk box" begins right now....
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Sep 5, 2012
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to see good retail in the united states. i see good housing in the united states. how many times did phil lebeau come on and say every single auto maker 14.5 million autos? i mean that's booming. union pacific, things are great. so you just get a picture that says, wait. need to go back to the u.s. again. >> three months of contracting isms. that's a problem. deutsche bank is out this morning saying if you correlate ism to the s&p you would either need a 10% correction in the market or ism back to 54 to justify the current level. >> well, if it's either/or -- the former certainly makes more sense. >> we keep it going. we're reflecting china and europe in the lack of growth in our economy or are they really going to bring us down? >> they reflected china in the chinese stock market which is really hideous. you want to see a real bear market, by the way, versus these european markets. we can say all the negative things you want but you made more money in germany this year so far than in the united states. something isn't it? >
to see good retail in the united states. i see good housing in the united states. how many times did phil lebeau come on and say every single auto maker 14.5 million autos? i mean that's booming. union pacific, things are great. so you just get a picture that says, wait. need to go back to the u.s. again. >> three months of contracting isms. that's a problem. deutsche bank is out this morning saying if you correlate ism to the s&p you would either need a 10% correction in the market...
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Sep 21, 2012
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states and overestimating the risks within the united states. >> he's talking about the stock market rising possibly 40% over the next two years. is he right? >> god bless him. i hope he's right. i'm quite bullish. i'm not sure i'm quite that bullish, but i hope he's right. i think if that's going on happen, the profit cycle must begin to turn off. you kneed the s&p 500 profit cycle to turn up. i think if that happens in conjunction with lower interest rates, then, yeah, i think you could about the build up. if you had that confluence of events, yeah, you could melt up. >> there also is a possibility, rich, that profit cycle does slow down, but they take all that cash and they buy back 8 billion in stock like nike or they boost the dividend like cisco. >> exactly. or they start buying smaller and midcap companies that kooem keep growing. they're eventually going to have to buy growth. it's my opinion they're going to go down to midcap and smaller cap companies to buy that growth over the next couple of years. >> good stuff. have a great weekend. >> thank you. see you later, guys. >>>
states and overestimating the risks within the united states. >> he's talking about the stock market rising possibly 40% over the next two years. is he right? >> god bless him. i hope he's right. i'm quite bullish. i'm not sure i'm quite that bullish, but i hope he's right. i think if that's going on happen, the profit cycle must begin to turn off. you kneed the s&p 500 profit cycle to turn up. i think if that happens in conjunction with lower interest rates, then, yeah, i think...
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Sep 25, 2012
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also on the agenda today in the united states, two key data points .at s. housing recovery. expected to be up 1% for july. and we'll also have the latest consumer confidence report, this is the richmond fed manufacturing survey due out at 1:00 eastern. also an auction of two year treasury notes. >> speaking of economic indicator, here's one for you. southern europeans are cutting back on their coffee due to the economic downturn. consumption is down in italy and sman to levels not seen for the last five or six years. and perhaps in a silver lining for the rest of us, that's driving the price of coffee down. what do you cut back on in tough economic time times some do you still need the daily caffeine boost? two pounds a day really does add up. i know i'm equity of that myself. e-mail us or tweet us to respond to that or anything else you've heard on the program this morning. and speaking of twitter, on wednesday on cnbc, we'll have an exclusive interview with the twitter ceo. tweet your questions today using the #ask twitter. >> and angela merkel, we'll hear from an author w
also on the agenda today in the united states, two key data points .at s. housing recovery. expected to be up 1% for july. and we'll also have the latest consumer confidence report, this is the richmond fed manufacturing survey due out at 1:00 eastern. also an auction of two year treasury notes. >> speaking of economic indicator, here's one for you. southern europeans are cutting back on their coffee due to the economic downturn. consumption is down in italy and sman to levels not seen...
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Sep 26, 2012
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it is policies that will create greater job creation and greater manufacturing in the united states and those are the policies we believe that governor romney and ryan are advancing during this campaign and policies they will put in place when they're in the white house. >> there is a poll, 87% of likely voters say the economy will be an important factor in their decision when they vote. obviously not a surprise. when you have confidence up like it was yesterday, you get home prices that are improving. we got decent numbers today. the market today aside has obviously been strong for the quarter. you have gas prices coming down. are there policies, will we be hearing about positions that argue they could have done even better than all of those things doing right now? >> well, look, this recovery is the weakest recovery we have seen in modern history. you still have 23 million americans struggling for work. you have 47 million americans on food stamps. the reality is that the obama campaign can try to paint whatever picture they want to paint. the reality is that americans are not interes
it is policies that will create greater job creation and greater manufacturing in the united states and those are the policies we believe that governor romney and ryan are advancing during this campaign and policies they will put in place when they're in the white house. >> there is a poll, 87% of likely voters say the economy will be an important factor in their decision when they vote. obviously not a surprise. when you have confidence up like it was yesterday, you get home prices that...
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we do a great job of measuring the economy in the united states of the 1950s. you can get five different prices for turkey but it's a service sector economy and we don't get any real time data on that. sometimes that's what surprises the economists here. >> i'll thank steve and rick our guest host remains tom stemberg, sticking around for the rest of the party. he's a really know campaign surrogate and founder of staples and i wanted to get your thoughts on staples. i know you're not involved right now but there's been lots of talk about what's happening to that company including the possibility it may get bought again possibly even by bain. >> i don't want to talk about staples but the industry has struggled. they try to be technology player bus they don't have apple, the leading technology vendor. we got blocked inspect ftc, the if, tc was wrong and i think industry would benefit greatly from a merge are of three down to two. >> office depot. >> office depot, office max and staples, there really should be two companies and finally becky's issue about internet
we do a great job of measuring the economy in the united states of the 1950s. you can get five different prices for turkey but it's a service sector economy and we don't get any real time data on that. sometimes that's what surprises the economists here. >> i'll thank steve and rick our guest host remains tom stemberg, sticking around for the rest of the party. he's a really know campaign surrogate and founder of staples and i wanted to get your thoughts on staples. i know you're not...
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Sep 10, 2012
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states. >> where would you cut? >> i would means test heavily social security, medicare, drastically reduce defense spending. >> how would you handle medicare? would you like a voucher program? >> it's too late for that. you need to simply means test it, so if you're affluent, you're going to pay a much higher premium. everybody needs to pay bigger copays, bigger deductible. >> the equivalent of raising taxes on some people. >> we have to raise taxes on everybody. the bush tax cuts, all of them, for everybody. we cannot afford them. we couldn't afford them then. >> he's not the guy you thought he was. you want him to come in, you were going, we're not worthy, we're not worthy. that's not who he is, and you've written these things about the fantasy of the -- if you ever wrote about the obama budget it would be a nastier piece. >> the reason i haven't done that is i assumed people could see that. >> you can't assume that. we're going to meet all the actresses, you want to be a left winger so you can meet hollywood, th
states. >> where would you cut? >> i would means test heavily social security, medicare, drastically reduce defense spending. >> how would you handle medicare? would you like a voucher program? >> it's too late for that. you need to simply means test it, so if you're affluent, you're going to pay a much higher premium. everybody needs to pay bigger copays, bigger deductible. >> the equivalent of raising taxes on some people. >> we have to raise taxes on...
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Sep 26, 2012
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the government wanted to increase the home ownership in the united states. so much of the financial crisis written is not true. i had the opportunity, i was ceo of bb & t for 20 years, larry and i were just talking about, we met years ago, i knew bernanke, knew greenspan, all the ceos of large financial institutions and this is, i believe, the first book that actually tells people what really happened in the total context. going back to the early '70s, working through what happened with community reinvestment act, freddie and fannie. the impact on decision makers, a lot of books written by congress that don't really understand what the impact of regulations have on people trying to make decisions. if somebody threatens to put you in jail, closes your bank down, you're going to do things that you may have a lot of discomfort with. and this is something joe would be interested in. i talk a lot about philosophy. bb & t did better than any other institution. all of our management, and another reason, this is interesting, i think a lot of ceos were victims of wha
the government wanted to increase the home ownership in the united states. so much of the financial crisis written is not true. i had the opportunity, i was ceo of bb & t for 20 years, larry and i were just talking about, we met years ago, i knew bernanke, knew greenspan, all the ceos of large financial institutions and this is, i believe, the first book that actually tells people what really happened in the total context. going back to the early '70s, working through what happened with...
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Sep 10, 2012
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states and other parts of the world rally off the back of this notion of china stimulus, are all those things built on false expectations? >> we need to look at those charts. and most of those charts have fallen very sharply in the last two months. so what we experience through our trading book on friday with short coverings, we didn't see long-only investors coming in and buying stocks this morning. what i do think is different and you've highlighted that asia has recovered -- talking about a recovery -- the local investors do seem to be more excited by this new story than we've seen for some period of time. particularly noting that cement stocks rallied quite hard today in shanghai. so that is interesting that the local investors are somewhat more enthused about this story than we've seen for months. >> okay. adrian, thank you so much for phoning in. we appreciate it. adrian mowat of jpmorgan. >>> it's interesting this morning that stocks are essentially hanging on to the sharp gains that they made last week. clearly hopes are high that the fed will announce further monetary easing t
states and other parts of the world rally off the back of this notion of china stimulus, are all those things built on false expectations? >> we need to look at those charts. and most of those charts have fallen very sharply in the last two months. so what we experience through our trading book on friday with short coverings, we didn't see long-only investors coming in and buying stocks this morning. what i do think is different and you've highlighted that asia has recovered -- talking...
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Sep 23, 2012
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but i think the united states should be involved. we should always try to maximize the peace agreement, minimize the risk and do concrete things that gives some hope to people. >> we'll be back with more of my conversation with bill clinton, but up next, what in the world. there's a new dirty word in american politics. outsourcing. but the facts show it's not so dirty after all. right back. tdd#: 1-800-345-2550 let's talk about that 401(k) you picked up back in the '80s. tdd#: 1-800-345-2550 like a lot of things, the market has changed, tdd#: 1-800-345-2550 and your plans probably have too. tdd#: 1-800-345-2550 at charles schwab, we'll give you personalized recommendations tdd#: 1-800-345-2550 on how to reinvest that old 401(k). tdd#: 1-800-345-2550 so talk to chuck tdd#: 1-800-345-2550 and bring your old 401(k) into the 21st century. tdd#: 1-800-345-2550 rollover your 401(k) or ira and receive up to $600. tdd#: 1-800-345-2550 see schwab.com for terms and conditions. >>> now for our "what in the world" segment. there's one issue whic
but i think the united states should be involved. we should always try to maximize the peace agreement, minimize the risk and do concrete things that gives some hope to people. >> we'll be back with more of my conversation with bill clinton, but up next, what in the world. there's a new dirty word in american politics. outsourcing. but the facts show it's not so dirty after all. right back. tdd#: 1-800-345-2550 let's talk about that 401(k) you picked up back in the '80s. tdd#:...
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Sep 25, 2012
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and he could only do it if the united states was there. is there some truth to that is >> look, there is no question that our 193 member at the united nations, there's only one member, iran, that is openly calling for the destruction of another member. israel. there's only one member openly denying the holocaust. there's only one member of the united nations that is constantly, habitually instigating violence all over the world, from latin america, through north africa all the way to central asia and certainly in the middle east. for all those reasons and many more, the world simply cannot and should not tolerate the very notion of iran becoming nuclear. >> do you ever feel conflicted when you look at iran, it has a jewish member of parliament, there's been a series on the holocaust, television series that aired in iran. there is a small jewish community there. do you ever feel conflicted at all in that sometimes their actions in that way, don't appear to be anti-jewish. >> i don't think the world has an issue with the iranian people. i th
and he could only do it if the united states was there. is there some truth to that is >> look, there is no question that our 193 member at the united nations, there's only one member, iran, that is openly calling for the destruction of another member. israel. there's only one member openly denying the holocaust. there's only one member of the united nations that is constantly, habitually instigating violence all over the world, from latin america, through north africa all the way to...
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Sep 30, 2012
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the united states has 11 aircraft carriers. the rest of the world has grand total of ten. thanks to all of you for being part of my program this week. i'll see you next week. stay tuned for "reliable sources." >>> the media drumbeat is under way. do or die. can he score, land a big punch, knock out his big opponent in the first of the presidential debate this week? >> if the president does well in the debates, he'll probably win the election. >>> if mitt romney cannot successfully deal with his slander against 47% of the american people, his campaign will die on the spot on that debate stage. >> but are the pundits overdramatizing the impact of these televised events? what about paul ryan saying this morning the media are rooting for barack obama to win and was it more important for the president to do this -- >> you're very happy that you came on with us, mrs. obama, and brought your date. >> i brought him. he had a few minutes in his schedule. >> i told folks i'm just supposed to be eye candy for you guys. >> -- than to meet with world leaders at the u.n. how do comedian
the united states has 11 aircraft carriers. the rest of the world has grand total of ten. thanks to all of you for being part of my program this week. i'll see you next week. stay tuned for "reliable sources." >>> the media drumbeat is under way. do or die. can he score, land a big punch, knock out his big opponent in the first of the presidential debate this week? >> if the president does well in the debates, he'll probably win the election. >>> if mitt romney...
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Sep 16, 2012
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as president of the united states i don't bluff. i think both the iranian and the israeli governments recognize that when the united states says it is unacceptable for iran to have a nuclear weapon, we mean what we say. do you disagree with that? that implicit in that is that he will stop them before they have a nuclear weapon, which means they'll draw red lines. i think it's important to communicate it. i wouldn't bet -- i wouldn't bet the security of the world and my own country's future from a country that threatens our annihilation and murders civilians en masse in syria and brutalizes its own people. i wouldn't bet the future on intelligence for simple reasons. american intelligence and israeli intelligence that cooperate together. had wonderful success about saving lives and alerting the people, and also, you know, you just marked 9/11. that wasn't seen. none of us, neither israel or the united states, saw iran building this massive nuclear bunker under a mountain for two years they proceeded without our knowledge, so i think
as president of the united states i don't bluff. i think both the iranian and the israeli governments recognize that when the united states says it is unacceptable for iran to have a nuclear weapon, we mean what we say. do you disagree with that? that implicit in that is that he will stop them before they have a nuclear weapon, which means they'll draw red lines. i think it's important to communicate it. i wouldn't bet -- i wouldn't bet the security of the world and my own country's future from...
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Sep 26, 2012
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but why isn't the united states any closer to getting it? >>> gop candidate mitt romney got another compliment from president clinton today. this time, though -- maybe not much help. >>> and it's been about 24 hours. and nfl fans are still outraged by a call made by a replacement ref in last night's packer-seahawks game. even scott walker pleads he wants the refs back. and hey, they're in a union! what will it take? let's go "outfront." ♪ >>> good evening, everyone, i'm erin burnett. "outfront" tonight, obama vows he'll get the killers. today the president spent 24 minutes of his half-hour speech to the united nations talking about libya, the middle east and ambassador chris stevens. the speech, which was seen by american voters and viewers around the world, mentioned stevens 12 times. as the president paid tribute to him right from the start. >> chris stevens loved his work. he took pride in the country he served, and he saw dignity in the people that he met. and two weeks ago, he traveled to benghazi to review plans to establish a new cu
but why isn't the united states any closer to getting it? >>> gop candidate mitt romney got another compliment from president clinton today. this time, though -- maybe not much help. >>> and it's been about 24 hours. and nfl fans are still outraged by a call made by a replacement ref in last night's packer-seahawks game. even scott walker pleads he wants the refs back. and hey, they're in a union! what will it take? let's go "outfront." ♪ >>> good evening,...
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Sep 28, 2012
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i think they're both solid debaters, the president of the united states, i moderate rated four debates four years ago when he did debates and didn't have to do any this cycle because no one was challenging him for the democratic presidential nomination. i did moderate four last time including that final one-on-one debate that he did with hillary clinton at the kodak theater in los angeles and he is very good and hillary clinton i thought was a better debater and ironically joe biden and chris dodd did really well and the president obviously got the democratic nomination. he is a very solid debater. i moderate rated four republican presidential debates with mitt romney and i have the same feeling about him. very solid. knows his stuff. these will be really good debates. they both know their stuff and i am looking forward to it and i am not lowering or raising anybody's expectations. i think the challenge will be on both to get the job done 90 minutes. there are strict rules as you know next wednesday night, how long they can speak and rebuttle and what the moderators can do if you will
i think they're both solid debaters, the president of the united states, i moderate rated four debates four years ago when he did debates and didn't have to do any this cycle because no one was challenging him for the democratic presidential nomination. i did moderate four last time including that final one-on-one debate that he did with hillary clinton at the kodak theater in los angeles and he is very good and hillary clinton i thought was a better debater and ironically joe biden and chris...
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Sep 29, 2012
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we want to welcome our viewers from the united states and the world. i'm wolf blitzer and you're in "the situation room." certainly a critical voting block. military voters out there, both president obama and mitt romney, they are aggressively kourting them. jim acosta is traveling with a governor romney and he has a lot going on right now, jim? >> that's right, wolf. and mitt romney is out to make the case that the best defense is a better economy. >> in battle ground virginia both president obama and mitt romney pulled out the heavy artillery. romney slammed the president for the defense cuts coming at the end of the year. >> it is still a troubled and dangerous world and the idea of cutting our military commitment by a trillion over this decade is unthinkable. and devastating. and when i become president of the united states, we will stop it. i will not cut our commitment to our military. >> the president once again blasted romney's hidden camera comments on the 47% of americans he dubbed victims of government dependence. >> i don't think we can get
we want to welcome our viewers from the united states and the world. i'm wolf blitzer and you're in "the situation room." certainly a critical voting block. military voters out there, both president obama and mitt romney, they are aggressively kourting them. jim acosta is traveling with a governor romney and he has a lot going on right now, jim? >> that's right, wolf. and mitt romney is out to make the case that the best defense is a better economy. >> in battle ground...
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Sep 24, 2012
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he is not a sitting president of the united states but they want to speak to the american people and these are various venues where they have that opportunity to do so. if he wants to doa television interview or come on my show i would be happy to have him on my show. i think there potentially is a missed opportunity this week for the president of the united states to meet with world leaders. secretary of state hillary clinton will meet with the leaders. >> thank you so much. as always a quick plug you can tune into "the situation room" 4:00 p.m. eastern time on cnn. dad vo: ok, time for bed, kiddo. lights out. ♪ (sirens) (train horn) ♪ vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. it's got that sweet honey taste. but no way it's 80 calories, right? no way, right? lady, i just drive the truck. right, there's no way right, right? have a nice day. [ male announcer ] 80 delicious calories. fiber one. the good they did inspires us, prepares us and guides us. at new york life, everything we do is to help you keep good going.
he is not a sitting president of the united states but they want to speak to the american people and these are various venues where they have that opportunity to do so. if he wants to doa television interview or come on my show i would be happy to have him on my show. i think there potentially is a missed opportunity this week for the president of the united states to meet with world leaders. secretary of state hillary clinton will meet with the leaders. >> thank you so much. as always a...
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Sep 25, 2012
09/12
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the united states will bring justice to those who harm americans, and the united states will stand strongly for our democratic values abroad. >> senator john barrasso is a republican from wyoming. he supports mitt romney's presidential campaign. he's also a member of the senate foreign relations committee. also joining us this morning, elise labott, cnn's former affairs reporter. nice to have you both with us. we'll start with you, senator. you wrote an op-ed in politico and you listed what you thought were three critical things that the president had to hit on when he gives his speech before the general assembly today. can you lay out for me what you think he needs to say? >> the first thing he is needs to acknowledge that the war on terror continues. look at what you discovered from cnn, the private journals of chris stevens. who said, a number of things. this was not about a video. he was being targeted by al qaeda. he said al qaeda was growing in libya. he said there was a rise in islamic extremism in that area. there truly is terrorism that continues. this is not because of a video. nu
the united states will bring justice to those who harm americans, and the united states will stand strongly for our democratic values abroad. >> senator john barrasso is a republican from wyoming. he supports mitt romney's presidential campaign. he's also a member of the senate foreign relations committee. also joining us this morning, elise labott, cnn's former affairs reporter. nice to have you both with us. we'll start with you, senator. you wrote an op-ed in politico and you listed...
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Sep 18, 2012
09/12
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a baby panda was born in the united states. now, a 14-year-old giant panda, you can see her right there being very protective of her young. gave birth at the smithsonian national zoo in washington, d.c., today. this is just her second cub. the next few years are going to be crucial for the baby, which is, i mean, doesn't get any cuter than this. the size of a stick of butter. in keeping with chinese tra dig, the new cub will not be named for 100 days despite the fact the cub was made in the u.s.a., it must be returned to china in four years. which brings us to tonight's number, one billion. according to the white house, that's the dollar amount china has illegally subsidized its auto industry. between the years 2009 and 2011, china provided export subsiies to chinese carmakers that are a violation. this comes on the heels of another filing from the u.s. that implied that china imposed $3 billion. it really starts to add up. china says unlike its pandas, the issue isn't so black and white and today, the chinese filed their own a
a baby panda was born in the united states. now, a 14-year-old giant panda, you can see her right there being very protective of her young. gave birth at the smithsonian national zoo in washington, d.c., today. this is just her second cub. the next few years are going to be crucial for the baby, which is, i mean, doesn't get any cuter than this. the size of a stick of butter. in keeping with chinese tra dig, the new cub will not be named for 100 days despite the fact the cub was made in the...
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Sep 13, 2012
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what the united states is now doing? >> you mentioned it briefly, erin. right now, we've learned two navy warships are heading to the coast of libya. both of those are equipped with tomahawk cruise missiles. those are satellite guided and can be programmed to strike a specific target. now, when one got the order, it was just a couple of miles away. the other was a few day's sail. but we know that the u.s. had been conducted drone flights over libya for months. today, we learned that surveillance will be much more focused on trying to find the insurgent cell responsible for this attack. so, between the drone surveillance and these two ships, when they get there, that gives the administration some options. >> what's the response on the ground in libya to that, to the fact united states is sending in warships? marines? >> we have not heard a reaction yet from the government here. they have been busy electing a new prime minister amid this chaos and what seems to be a real disaster for the new libya, but i have spoken with ordinary libyans to get their reacti
what the united states is now doing? >> you mentioned it briefly, erin. right now, we've learned two navy warships are heading to the coast of libya. both of those are equipped with tomahawk cruise missiles. those are satellite guided and can be programmed to strike a specific target. now, when one got the order, it was just a couple of miles away. the other was a few day's sail. but we know that the u.s. had been conducted drone flights over libya for months. today, we learned that...
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Sep 29, 2012
09/12
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not just campaigns, listen to governor romney. >> he's president of the united states and an eloquent speaker. >> he's a very eloquent speaker and in his debate last time with senator mccain, he'll be very eloquent. >> reporter: the whole idea is lower the bar and if you're doing well you beat expectations and win the debate, the spin they're playing. listen to stephanie from the obama campaign. >> what history tells us that challengers normally win the first debate just by the fact they're standing on the stage with the president. that elevates them and normally come into this as underdogs. we're coming into this very realistic mitt romney is likely to win if he plays his cards right. >> reporter: while the candidates themselves are laying low today, the running mates will be in the spotlight. >> tell us about what paul ryan is doing this weekend while mitt romney is rehearsing and getting ready in massachusetts. >> reporter: you got it. in an hour he will be behind me. we're in dairy, new hampshire. not far from massachusetts. it is a battleground state with four electoral votes up
not just campaigns, listen to governor romney. >> he's president of the united states and an eloquent speaker. >> he's a very eloquent speaker and in his debate last time with senator mccain, he'll be very eloquent. >> reporter: the whole idea is lower the bar and if you're doing well you beat expectations and win the debate, the spin they're playing. listen to stephanie from the obama campaign. >> what history tells us that challengers normally win the first debate just...
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Sep 25, 2012
09/12
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clearly, the united states does not believe in this video. doesn't espouse the values and doesn't decry the prophet muhammad. he's saying, listen, if you want to live in a democracy, free speech is part of that. that is one of the values he says the u.s. troops have gone to battle to defend. and so he's saying that he can't ban the video. at the same time, saying that he has a problem, and saying that violence is never the answer. i think he was also trying to say to these leaders, you can't let islamic extremism hijack your resolution. he's seen the violent protests at the u.s. embassies in the last couple of weeks. >> i think what he said was extremists, violence is their only way to stay relevant. which was interesting. the president met with the secretary ban ki-moon. he did not meet with world leaders. he made an appearance on "the view." does that look like he's focusing on politics more so than negotiating foreign policy? >> a little bit. i think there are a cup of things going on. first of all, he's clearly reaching out to the america
clearly, the united states does not believe in this video. doesn't espouse the values and doesn't decry the prophet muhammad. he's saying, listen, if you want to live in a democracy, free speech is part of that. that is one of the values he says the u.s. troops have gone to battle to defend. and so he's saying that he can't ban the video. at the same time, saying that he has a problem, and saying that violence is never the answer. i think he was also trying to say to these leaders, you can't...
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. >> do you think that the united states is going to act? >> i think if the united states does act, it won't be about the ability to deter iran or not. i think it will be about the implications for other countries proliferating in the region. i think this president came to power talking about a global zero, wanting to actually get rid of nuclear weapons. if iran gets a nuclear weapon, saudi arabia is much more likely to get a nuclear weapon. and then you're looking at both egypt and turkey and the nuclearization of the entire region. so for this president, i think the decision to act would be more about the sense that if you get north korea getting a nuclear weapon and then iran getting a nuclear weapon, you're essentially throwing in the towel on proliferation, and it has to be stopped. i personally think this is a decision of enormous gravity. to bomb iran is to go to war with iran. the consequences are enormous. at the very least, i think this has to come out of the situation room and be the stuff of public debate as it is in israel. in i
. >> do you think that the united states is going to act? >> i think if the united states does act, it won't be about the ability to deter iran or not. i think it will be about the implications for other countries proliferating in the region. i think this president came to power talking about a global zero, wanting to actually get rid of nuclear weapons. if iran gets a nuclear weapon, saudi arabia is much more likely to get a nuclear weapon. and then you're looking at both egypt and...